Payments roundup: RMB struggles; Adyen dominance, PayPal bad/goodday; e-wallets
by Jack Large
SWIFT RMB tracker reports; multi-channel platform dominance at expense of PayPal; local currencies; and battle of e-wallets is going global
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M&A uptick expected in 2018, boosted by cash levels and tech
by Bija Knowles
Companies have got their M&A mojo back but are more likely to look domestically for deals, while technology is smoothing the acquisition process. Overall, more deals are likely to get done in 2018
Where are the best and worst countries to collect a debt?
by Bija Knowles
No company wants to recover debt – but if you're in that predicament, which countries make collecting due payments a complex process? A report by Euler Hermes sheds some light
Asset management: digital wallet bridges gap between fiat & cryptocurrencies
by Kylene Casanova
Shows how to manage all types of asset class
Email fraud comes at a high cost: who’s to blame?
by Bija Knowles
With huge databases of personal security credentials and passwords now publicly available on the dark web, emails are an increasingly unsafe way to conduct financial business
EU sets out roadmap to a green, clean economy
by Bija Knowles
The European Commission's High-Level Expert Group on Sustainable Finance has published its recommendations for a financial system that supports sustainable investment
Why complying with new beneficial ownership requirements will require specialized analysis
by Jeremy Gram , Senior Associate, Prescient
Prescient show that simple database checks in due diligence programmes are often not enough to unravel who really owns a company
Threat to data is real: passwords won’t protect you or your company anymore
by Bija Knowles
A recent discovery of a huge database of stolen security data and the potential for quantum computing to make current cryptography useless poses huge problems for data security
Happy tenth anniversary SEPA and congratulations!
by Kylene Casanova
EPC infographic shows how far how SEPA has come, but what revolution will match it?
40% of European firms – 67% globally – unprepared for GDPR
by Bija Knowles
With four months to go, just a third of companies globally have a plan in place to comply with the General Data Protection Regulation, which comes into force on 25 May 2018
‘Fraud Analytics: - complete self-assessment guide’ shows how to tackle fraud
by Kylene Casanova
Book by Gerard Blokdijk provides a Fraud Analytics roadmap on how to understand and move forward in the right direction, based on verifiable data
91% of firms say Brexit is most serious challenge to the UK financial services
by Bija Knowles
Two reports – one from leaked from government and another published by CBI/PwC – say Brexit will have a negative impact on British business and financial services
Thomson Reuters launch Data Privacy Advisor for global privacy compliance
by Kylene Casanova
Next-generation question-answering feature, Ask Watson, helps companies comply with the never ending flood of new data privacy regulations
Global payment traffic at all-time high in 2017 - SWIFT
by Bija Knowles
SWIFT reached several milestones last year, including its highest ever number of messages and global payments traffic
Know and understand yourself, or fail in fraud control
by Kylene Casanova
Self assessment in fraud control is essential in war against all kinds of fraud - cyber fraud, occupational fraud, corruption and bribery, etc.
52% of companies integrate climate risks into business strategy
by Kylene Casanova
There is increasing awareness among organisations of the risks and opportunities associated with climate change, with a fifth setting science-based emissions targets
PSD2 and APIs = extraordinary speedy development and flexibility
by Kylene Casanova
APIs will change your life: PSD2 standards, BofA Merrill launch of API Gateway, TreasuryXpress, etc. all pushing use of APIs to deliver new service implementation in a few days
Future of TMS implementations: by 2019 will take two days
by Tom Leitch , Chief Operating Officer, TreasuryXpress
Tom Leitch, COO, TreasuryXpress reviews standard implementation methods and how they are being replaced by modern models which now install TMS solutions in two weeks, and, by 2019, will take two days.
Data analytics to identify fraud weak spots and improve performance
by Bija Knowles
How can organisations identify actions for better performance, analyse business processes most exposed to risk or fraud, or get insight into customer habits? It's all in the data
Late payment is bad for business – yet 27% of UK invoices paid late
by Bija Knowles
Keeping suppliers waiting beyond the payment terms for invoice payment makes no economic sense and is damaging the supply chain – yet 27 per cent of invoices are paid late in the UK
Structural changes in banking since 2008 – BIS report
by Bija Knowles
A BIS report shows how banks are reacting to the new financial landscape, in which they are more resilient to risks but profitability has fallen below pre-crisis levels
End for Bitcoin as a payment medium?
by Kylene Casanova
Stripe announce they are winding down support for Bitcoin as a payment medium. Bitcoin is “better suited to being an asset than being a means of exchange”
How much are finance professionals worth in 2018?
by Bija Knowles
The Robert Half 2018 Salary Guide gives parameters of some of the typical salaries for financial professionals – but remuneration also depends on key skills, which need to adapt to digitalisation
All-time high incidence of fraud, cyber incidents, and security breaches
by Kylene Casanova
Kroll’s 10th Annual Global Fraud & Risk Report 2017/18 shows that there are major repercussions from current levels fraud-related losses; confidential information is increasingly under threat